Funding you earn now, next payment 01:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.003%
Price spread now: Lighter against Binance−0.064%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$120.121% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 2 days (all we have)−0.014%−$1 · spread now −0.064%, 7d avg −0.046%
=Together, before fees+0.042%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAPLUSDT | 338.73 | 0.0075 | pay 0.0075% / 8h | 7h 02m | $22.2M | $66.7M | 25x |
| Short | Lighter AAPL | 338.51 | 0.0032 | get 0.0004% / 1h | 2m 20s | $744K | $2.3M | 20x |
Binance AAPLUSDT
Lighter AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.93
- Price spread: −0.064% → −0.046%
- −$1.79
- Slippage, 4 orders
- −$2.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$22.77
- Costs to cover
- 0.121%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Lighter: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 0.15 bp | 5.6 bp −$6 | 9.3 bp −$93 | 36.7 bp −$3,669 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.28 bp | 0.5 bp $0 | 2.5 bp −$25 | 45.3 bp −$4,534 | doesn't fit |
AAPL on 33 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0342% | 4h | 338.60 | −0.036% | $81K | $326K | 20x | as long as short |
| Nado AAPL-PERP | −0.0035% | 1h | 338.55 | −0.053% | $554K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 338.64 | −0.026% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 338.75 | +0.007% | $6.0M | $39.4M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 338.72 | −0.002% | $6.4M | $6.6M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.50 | −0.067% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 338.79 | +0.019% | $6.2M | $3.4M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 338.66 | −0.019% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 338.72 | −0.002% | $911 | $4.7M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 338.57 | −0.046% | $28K | $67K | 10x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUALShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAPL-USDT | 0.0000% | 8h | 338.82 | +0.028% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 338.73 | +0.001% | $2.1M | $7K | 10x | as long as short |
| Lighter AAPLshort | +0.0032% | 1h | 338.51 | −0.064% | $744K | $2.3M | 20x | |
| Lighter RH AAPL | +0.0032% | 1h | 338.57 | −0.046% | $953K | $3.6M | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.44 | −0.085% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 338.59 | −0.040% | $40.8M | $75.8M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.42 | −0.090% | $261K | $397K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.62 | −0.031% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.42 | −0.090% | $1.4M | $2.4M | 20x | as long as short |
| Variational Omni AAPL | +0.0051% | 8h | 338.68 | −0.015% | $2.4M | $1.4M | — | as long as short |
| QFEX AAPL-USD | +0.0059% | 1h | 338.61 | −0.034% | $3.2M | $5.0M | 10x | as long as short |
| BloFin AAPL-USDT | +0.0065% | 8h | 338.81 | +0.025% | $345K | $169K | 20x | as long as short |
| Extended AAPL_24_5-USD | +0.0072% | 1h | 338.65 | −0.022% | $284K | $2.0M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0072% | 1h | 338.65 | −0.023% | $36K | — | 20x | as long as short |
| Binance AAPLUSDTlong | +0.0075% | 8h | 338.73 | long leg | $22.2M | $66.7M | 25x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.63 | −0.028% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.56 | −0.049% | $946K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.57 | −0.046% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.57 | −0.045% | $10K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0184% | 1h | 338.51 | −0.064% | $655K | $668K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.50 | −0.067% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0330% | 1h | 338.72 | −0.002% | $5K | $11K | 20x | as long as short |
| Arcus AAPL-USD | +0.0406% | 1h | 338.62 | −0.031% | $269K | $70K | 20x | as long as short |
HTX AAPL-USDT
Phemex AAPLUSDT
Lighter RH AAPL
Vest AAPL-USD-PERP
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Variational Omni AAPL
QFEX AAPL-USD
BloFin AAPL-USDT
Extended AAPL_24_5-USD
Hotstuff AAPL-PERP
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL
Arcus AAPL-USD